As per International
Monetary Fund (IMF) Bahrain’s real gross domestic product is expected to grow
at a CAGR of 4.07% from it’s 2015 level of
BHD 11.703 billion and reach BHD 15.475 billion by 2022.
Bahrain is the smallest country on the Persian Gulf with just over
1 million inhabitants, half of which being expatriates. The discovery of oil in
1932 brought rapid modernization to Bahrain. Also, it was the first Gulf state
to take serious action in the late 1990s to diversify its economy to prepare
for the post-oil and post-gas period, and, as such, it is one of the more
diversified economies in the region.
Bahrain had
estimated population of 1.319 million in the year 2016 and expected to reach
1.486 million by 2022, registering an average growth rate of 2%.
Bahrain’s real gross domestic product (GDP) was around
BHD 11.91 billions in 2016 whereas the nominal GDP was BHD 12 billions. This
resulted in GDP deflator 100.752. Per capita GDP was estimated at USD 24182.90
whereas purchasing power parity (PPP) based per capita GDP was estimated to be
at USD 50704.07.
In 2016, Bahrain’s government’s revenue was BHD 2.117
billions whereas the expenditure was BHD 4.245 billions. This resulted Bahrain
government’s net lending / borrowing negative at BHD 2.128 billion in 2016
indicating that enough financial resources were not made available by the
government to boost economic growth.
The current account balance for Bahrain was negative
& estimated to be at USD 1.492 billions for the year 2016 and is expected
to decrease at a CAGR of 7.68% and reach USD 1.262 by 2022. This negative
current account balance indicates the Bahrain is net borrower from the whole
world.
The newly launched market research
reports featuring Bahrain’s PESTEL analysis, SWOT analysis and Risk analysis
are aimed at providing insights about Bahrain economy and market.
Scope
of the Bahrain PESTEL Analysis,
SWOT Analysis and Risk Analysis Market Research Reports
- · These reports provide information about key macroeconomic indicators for Bahrain.
- · These reports provide PESTELE (political, economic, social, technological, environmental and legal) analysis for Bahrain.
- · These reports provide SWOT (strengths, weaknesses, opportunities and threats) analysis for Bahrain.
- · These reports provide risk analysis for Bahrain.
For
more information and to purchase Bahrain
PESTEL Analysis Market Research Report please visit: http://www.marketresearchreports.com/market-research-reports-inc/bahrain-pestel-analysis-market-research-report
For
more information and to purchase BahrainSWOT
Analysis Market Research Report please visit: http://www.marketresearchreports.com/market-research-reports-inc/bahrain-swot-analysis-market-research-report
For
more information and to purchase BahrainRisk
Analysis Market Research Report please visit: http://www.marketresearchreports.com/market-research-reports-inc/bahrain-risk-analysis-market-research-report
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